VICES & VERSEAUX: what changed
VICES & VERSEAUX
Largest movements
- Cash -€518
down €518 (-8.8%), from €5,879 to €5,360
mainly Tax, wage and social debts (-€2,064) and Trade debts (-€689)
- Receivables within one year -€389
down €389 (-12.6%), from €3,092 to €2,703
of which Other amounts receivable: -€789
- Tax, wage and social debts -€2,064
down €2,064 (-22.6%), from €9,137 to €7,073
of which Taxes: -€1,464
- Profit (loss) carried forward +€1,846
up €1,846 (+26.2%), from -€7,056 to -€5,209
- Trade debts -€689
no longer reported in 2025 (was €689)
- Gross operating margin -€4,278
down €4,278 (-46.3%), from €9,235 to €4,957
- Other operating charges -€1,169
down €1,169 (-55.4%), from €2,111 to €942
- Financial charges -€501
down €501 (-18.8%), from €2,670 to €2,169
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,971 | €8,064 | -€907 | -10.1% |
| Current assets | 29/58 | €8,971 | €8,064 | -€907 | -10.1% |
| Amounts receivable within one year | 40/41 | €3,092 | €2,703 | -€389 | -12.6% |
| Trade receivables | 40 | - | €400 | +€400 | |
| Other amounts receivable | 41 | €3,092 | €2,303 | -€789 | -25.5% |
| Cash at bank and in hand | 54/58 | €5,879 | €5,360 | -€518 | -8.8% |
| Total equity and liabilities | 10/49 | €8,971 | €8,064 | -€907 | -10.1% |
| Equity | 10/15 | -€856 | €991 | +€1,846 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,056 | -€5,209 | +€1,846 | +26.2% |
| Amounts payable | 17/49 | €9,826 | €7,073 | -€2,753 | -28.0% |
| Amounts payable within one year | 42/48 | €9,826 | €7,073 | -€2,753 | -28.0% |
| Trade debts | 44 | €689 | - | -€689 | |
| Suppliers | 440/4 | €689 | - | -€689 | |
| Taxes, remuneration and social security | 45 | €9,137 | €7,073 | -€2,064 | -22.6% |
| Taxes | 450/3 | €6,537 | €5,073 | -€1,464 | -22.4% |
| Remuneration and social security | 454/9 | €2,600 | €2,000 | -€600 | -23.1% |
| Other operating charges | 640/8 | €2,111 | €942 | -€1,169 | -55.4% |
| Gross operating margin | 9900 | €9,235 | €4,957 | -€4,278 | -46.3% |
| Operating profit (loss) | 9901 | €7,124 | €4,015 | -€3,108 | -43.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,670 | €2,169 | -€501 | -18.8% |
| Recurring financial charges | 65 | €2,670 | €2,169 | -€501 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €4,454 | €1,846 | -€2,608 | -58.5% |
| Profit (loss) for the period | 9904 | €4,454 | €1,846 | -€2,608 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,454 | €1,846 | -€2,608 | -58.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.